Captain Bernanke's Blimp

To understand why the Fed chairman spends so much time worrying about inflation, not housing or the stock market, imagine taking a certain ride with him

To understand why Federal Reserve Chairman Ben Bernanke worries so much about inflation, think of him as the captain of an enormous blimp that's secured at 50 feet above the ground. Bernanke doesn't want his blimp to deflate and crash, of course. But what he's most worried about right now is that his blimp, which symbolizes inflation expectations, will break free and soar up to the stratosphere.

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